CHICAGO, Aug. 7, 2025 – Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of its Next Gen Food, Agribusiness and Beverage (FAB) Facility, a proprietary solution designed to help mid-to-large-sized companies in North America manage the evolving risk landscape and its unique impacts to the FAB sectors.
According to Aon’s latest Global Risk Management Survey, the top three risks facing the sector are commodity price risk or material scarcity, supply chain or distribution failure and business interruption. From climate change and digitalization to shifting geopolitics and consumer habits, organizations in the FAB sectors operate in an increasingly complex and interconnected risk environment.
Underpinned by Aon’s proprietary data and analytics, the Next Gen FAB facility delivers an integrated solution that addresses a range of critical exposures including regulatory shifts, supply chain disruptions and climate perils under one comprehensive program.
“As the FAB sector faces mounting pressures across a rapidly changing risk environment, clients need innovative tools to stay ahead of disruption and remain competitive,” said Tami Griffin, FAB practice leader at Aon. “This facility is a direct response to those needs, offering streamlined access to coverage, enhanced claims efficiency, and data-driven insights that empower better decision making and more resilient operations.”
The facility is backed by Aon’s Client Treaty and is comprised exclusively of Lloyd’s of London A+ rated markets, leveraging Aon’s global underwriting relationships – including direct access to Lloyd’s syndicates – to secure dedicated, high-quality capacity. By unifying traditionally fragmented coverage, the facility enables FAB clients to optimize sourcing strategies, reduce coverage gaps and improve cost efficiency.
The launch of the Next Gen FAB Facility further reinforces Aon’s commitment to helping clients in the FAB industry build more resilient businesses, better navigate uncertainty and stay ahead of emerging risks.
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